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PURO.V ·

Thunder Bay, Ontario

Corporate Actions

Thunder Bay, Ontario TSX-V: SOP For Immediate Release April 21, 2017

Source Exploration Corp. Announces Name Change to Mexican Gold Corp.

SOURCE EXPLORATION CORP. (the “Company” or “Source”) (TSX-V: SOP) is pleased to announce that it has filed Articles of Amendment to change its name to Mexican Gold Corp. The Company's shareholders approved a special resolution to change the name of the Company at the Company's special meeting of shareholders held on April 12, 2017. The name change is effective immediately.

Effective at the start of trading on or about April 26, 2017, the Company will commence trading on the TSX Venture Exchange under the new name and the new stock symbol "MEX".

Brian Robertson, Chairman of the Board, stated, “We are pleased to change the name of the Company to Mexican Gold Corp. to more clearly identify the Corporation’s association with the location of its flagship Las Minas property and its strategy to explore and develop high quality mineral properties in Mexico.”

No further action is required by existing shareholders with respect to the name change and certificates representing common shares of Source Exploration Corp. will not need to be exchanged.

New Website

The Company also announces the launch of a bridge website at www.mexicangold.ca for viewing company information and recent news releases. The Mexican Gold Corp. website is currently under construction and is expected to be available for viewing on or about May 8, 2017.

About Source Exploration Corp.

Source is a Canadian based mineral exploration company committed to building long-term value through ongoing discoveries and strategic acquisitions of prospective precious metals deposits in Mexico. Source is exploring the Las Minas Project, which is located in the core of the Las Minas district in the Veracruz State, Mexico. The district is host to one of the largest underexplored skarn systems known in Mexico and has a strong production history that dates back to the Aztec era.

For more information, please contact:

Brian Robertson, Chairman, President & CEO Phone: 807-474-4270 or 807-251-1816 Fax: 807-474-4272

E-mail: [email protected] Website: www.sourceexploration.com

CAUTIONARY  STATEMENT  REGARDING  FORWARD‐LOOKING  INFORMATION:  This  news  release  includes  certain  information  that  may constitute "forward‐looking information" under applicable Canadian securities legislation. Forward‐looking information includes, but is not limited to, statements about the timing for the commencement of trading under the new name and stock symbol, magnitude or quality of mineral  deposits,  anticipated  advancement  of  mineral  properties  or  programs,  future  operations,  results  of  exploration,  prospects, commodity  and  precious  metals  prices,  future  work  programs,  anticipated  financial  and  operational  results,  capital  expenditures  and objectives and the completion and timing of mineral resource estimates. Forward‐looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors, which  may  cause  the  actual  results  and  future  events  to  differ  materially  from  those  expressed  or  implied  by  such  forward‐looking information, including the risks identified in the Company's disclosure documents available at www.sedar.com. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.  Accordingly,  readers  should  not  place  undue  reliance  on  forward‐looking  information.  All  forward‐looking  information contained in this press release is given as of the date hereof and is based on the opinions and estimates of management and information available to management as at the date hereof. The Company disclaims any intention or obligation to update or revise any forward‐looking information, whether as a result of new information, future events or otherwise, except as required by law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.